In a boost to its order pipeline, Bharat Electronics Ltd has announced fresh defence contracts, reinforcing its strong operational momentum. The state-owned defence company disclosed the development in an exchange filing on Friday.
“Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL), has secured fresh orders worth Rs 581 crore since the last disclosure made on January 23, 2026. The major orders include communication equipment, radar warning receivers, tank sub-systems, radars, software solutions, upgrades, spares and services,” the company said. Overall, BEL said it has received additional orders valued at Rs 610 crore.
On the financial front, the defence PSU reported a solid performance in the December quarter of FY26. Profit after tax for Q3 FY26 stood at Rs 1,590.06 crore, marking a 20.82% year-on-year increase from Rs 1,316.06 crore recorded in the same quarter last year.
Revenue from operations also showed strong growth. BEL’s revenue rose 23.73% year-on-year to Rs 7,121.98 crore in Q3 FY26, compared with Rs 5,756.12 crore in the corresponding period of the previous financial year. The company further stated that its order book stood at Rs 73,015 crore as of January 1, 2026.
Market experts remain positive on the stock. Kranthi Bathini, Director – Equity Strategy at WealthMills Securities, said BEL has been among the top-performing stocks over the past 1-year and 3-year periods, supported by defence capital expenditure. He advised investors to hold the stock and consider accumulating it on declines from a long-term perspective.
Ravi Singh, Chief Research Officer at Mastertrust, echoed a similar view and recommended holding the stock with a stop loss at Rs 415.
From a technical perspective, the stock is trading below its 5-day and 10-day simple moving averages, but remains above the 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day averages. The 14-day RSI stands at 53.76, where levels below 30 indicate oversold conditions and above 70 suggest overbought levels.
Trendlyne data shows BEL has a 1-year beta of 0.99, indicating average volatility. Despite the order win, shares of BEL traded lower, slipping 0.66% to around Rs 430. As of December 2025, promoters held a 51.14% stake in the company.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter
About us:
The Mainstream is a premier platform delivering the latest updates and informed perspectives across the technology business and cyber landscape. Built on research-driven, thought leadership and original intellectual property, The Mainstream also curates summits & conferences that convene decision makers to explore how technology reshapes industries and leadership. With a growing presence in India and globally across the Middle East, Africa, ASEAN, the USA, the UK and Australia, The Mainstream carries a vision to bring the latest happenings and insights to 8.2 billion people and to place technology at the centre of conversation for leaders navigating the future.
